EconPapers    
Economics at your fingertips  
 

Improving value transfer through socio-economic adjustments in a multicountry choice experiment of water conservation alternatives

Roy Brouwer (), Julia Martin-Ortega, Thijs Dekker (), Laura Sardonini, Joaquin Andreu, Areti Kontogianni, Michalis Skourtos, Meri Raggi, Davide Viaggi (), Manuel Pulido-Velazquez, John Rolfe and Jill Windle

Australian Journal of Agricultural and Resource Economics, 2015, vol. 59, issue 3, 458-478

Abstract: type="main" xml:id="ajar12099-abs-0001">

This study tests the transferability of the nonmarket values of water conservation for domestic and environmental purposes across three south European countries and Australia applying a common choice experiment design. Different approaches are followed to test the transferability of the estimated values, aiming to minimise transfer errors for use in policy analysis, comparing both single- and multicountry transfers, with and without socio-economic adjustments. Within Europe, significant differences are found between implicit prices for environmental water use, but not for domestic water use. In the Australian case study, alleviating restrictions on domestic water use has no significant value. Pooling the three European samples improves the transferability of the environmental flow values between Europe and Australia. Results show that a reduction in transfer error is achieved when controlling for unobserved and observed preference heterogeneity in the single- and multicountry transfers, providing additional support for the superiority of socio-economic adjustment procedures in value transfer.

Date: 2015
References: Add references at CitEc
Citations: View citations in EconPapers (5) Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/10.1111/ajar.2015.59.issue-3 (text/html)
Access to full text is restricted to subscribers.

Related works:
Journal Article: Improving value transfer through socio-economic adjustments in a multicountry choice experiment of water conservation alternatives (2015) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:ajarec:v:59:y:2015:i:3:p:458-478

Ordering information: This journal article can be ordered from
http://ordering.onli ... 1111/(ISSN)1467-8489

Access Statistics for this article

Australian Journal of Agricultural and Resource Economics is currently edited by John Rolfe, Lin Crase and John Tisdell

More articles in Australian Journal of Agricultural and Resource Economics from Australian Agricultural and Resource Economics Society Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2021-04-07
Handle: RePEc:bla:ajarec:v:59:y:2015:i:3:p:458-478